Sonoco selected to join the Dow Jones Sustainability World Index
Sep 21, 2009. Sonoco has been selected to join the Dow Jones Sustainability World Index (DJSI World), effective September 21.
Sep 21, 2009. /Lesprom Network/. Sonoco has been selected to join the Dow Jones Sustainability World Index (DJSI World), effective September 21, Sonoco reported. DJSI World comprises the leading global companies in terms of economic performance, environmental stewardship and social responsibility.
“We are very pleased to join this elite group of DJSI World companies as it recognizes the importance Sonoco places on being a leader in sustainable packaging and recycling services,” said Harris E. DeLoach, Jr., Chairman, President and CEO, adding that only three global packaging companies are members of the index.
“For eleven decades, Sonoco has been pursing the ‘triple bottom line’ of sustainability. By balancing and integrating environmental stewardship, social responsibility and economic performance within our business strategy and culture, Sonoco is becoming more competitive and better prepared to meet the challenges of a changing global economy.”
DeLoach pointed out that Sonoco’s addition to DJSI World was a result of substantial improvement in its ranking in a number of environmental stewardship and social responsibility factors. “Overall, the Company’s 2009 score improved 17% from 2008 which reinforces the progress we're making in all of our global operations. In addition, the Company received best-in-class marks in our industry for advancements in closed loop business models, corporate citizenship/philanthropy and labor practice indicators.”
Sonoco is a $4.1 billion global manufacturer of consumer and industrial products and provider of packaging services.